Form 4: CACI International Inc. Executive Awarded Restricted Stock Units

Eric Blazer, SVP, Corp. Controller & CAO of CACI International Inc., was granted restricted stock units and performance restricted stock units on October 1, 2024.

Summary

• Eric Blazer, a senior executive at CACI International Inc., received grants of restricted stock units (RSUs) and performance-based restricted stock units (PRSUs) on October 1, 2024.
• He was granted 198 restricted stock units that will vest in equal installments over three years.
• Additionally, he received 198 performance restricted stock units, which will vest on the third anniversary of the grant date, contingent upon achieving a specific three-year performance target.

Sentiment

Score: 7

Explanation: The document indicates standard executive compensation practices, which is generally viewed neutrally to positively as it aligns management interests with shareholders.

Positives

• The grant of RSUs and PRSUs aligns Mr. Blazer's interests with those of CACI International Inc.'s shareholders.
• The vesting schedule of the RSUs encourages continued service over a three-year period.
• The performance-based vesting of the PRSUs incentivizes the achievement of specific company performance goals.

Future Outlook

The vesting of the performance restricted stock units is contingent upon the achievement of a three-year performance measure, indicating a focus on long-term company performance.

Industry Context

Granting stock-based compensation is a common practice in the industry to incentivize and retain key executives.

Comparison to Industry Standards

• Stock grants are a typical component of executive compensation packages in the technology and government contracting industries.
• Companies like Leidos, Booz Allen Hamilton, and General Dynamics also utilize restricted stock units and performance-based equity awards to align executive incentives with shareholder value.

Stakeholder Impact

• Shareholders may view the equity grants positively as they align executive compensation with company performance.
• Employees may see this as a positive sign of investment in leadership.

Key Dates